Alfred, NY's Data
About Alfred, NY's
Alfred village, located in Allegany County, New York, is a small yet historically rich community. Founded in 1807, the village is nestled in a region known for its scenic beauty and vibrant academic atmosphere. Alfred is home to Alfred University and the New York State College of Ceramics, contributing to its reputation as a center for education and cultural enrichment.
Things To Do in Alfred, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Alfred, NY
Alfred University - A historic university offering a range of programs and cultural events.
New York State College of Ceramics - Renowned for its contributions to ceramic art and engineering.
Terra Cotta Coffee House - A popular local hangout offering artisan coffee and pastries.
Alfred Ceramic Art Museum - Features a comprehensive collection of ceramic art.
Foster Lake - A scenic spot ideal for picnicking, fishing, and hiking.
The Economy of Alfred, NY
The economy of Alfred village is predominantly driven by educational institutions, primarily Alfred University and the New York State College of Ceramics. These institutions are significant employers and contribute to various economic activities in the area. The presence of students and faculty supports local businesses, including retail, dining, and services, making education the cornerstone of Alfred's economy.
Alfred, NY Inflation
Understanding the BLS and Inflation in Alfred, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Alfred, NY. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Alfred, NY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Alfred, NY using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Alfred, NY when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Alfred, NY
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